时间:2026年3月6日14:00-16:00
主题:autobidding equilibria in sponsored shopping
地点:明德主楼734
主讲人:滕依峰
摘要:
as commerce shifts to digital marketplaces, platforms increasingly monetize traffic through sponsored shopping auctions. unlike classic “sponsored search”,where an advertiser typically bids for a single link, these settings involve advertisers with broad catalogs of distinct products. in these auctions, a single advertiser can secure multiple slots simultaneously to promote different items within the same query. this creates a fundamental complexity: the allocation is combinatorial, as advertisers simultaneously win a bundle of slots rather than a single position.
we study this setting through the lens of autobidding, where value-maximizing agents employ uniform bidding strategies to optimize total value subject to return-on-investment (roi) constraints. we analyze two prevalent auction formats: generalized second-price (gsp) and vickrey-clarke-groves (vcg). our first main contribution is establishing the universal existence of an autobidding equilibrium for both settings. second, we prove a tight price of anarchy (poa) of 2 for both mechanisms.
主讲人简介:
yifeng teng is a research scientist in the algorithms and optimization team at google research. he received his ph.d. from the department of computer sciences at the university of wisconsin-madison, and his b.eng. from the institute for interdisciplinary information sciences at tsinghua university. he is broadly interested in topics in theoretical computer science and economics, with a primary focus on algorithmic game theory, online algorithms, learning theory, and their applications to real-world mechanism design. his work was recognized by the best paper award at wine 2023.